Question: T 7 9 0 E R T Y D T D F 0 H J K L X 0 V B N M 7

T 7 9 0 E R T Y D " T D F 0 H J K L X 0 V B N M 7 x On January 1, the Kings Corporation issued 10% bonds with a face value of $99,000. The bonds are sold for $97,020. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, ten years from now. Kings records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31 of the first year is. Select the correct answer. O $10,09 $1,980 $9,900 $9,702

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